) -- The ex-dividend date for

Toro Company



) is tomorrow, March 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $71.26 as of 9:30 a.m. ET, the dividend yield is 1.2%.

The average volume for Toro has been 130,500 shares per day over the past 30 days. Toro has a market cap of $1.88 billion and is part of the

industrial goods

sector and


industry. Shares are up 17.6% year to date as of the close of trading on Tuesday.

The Toro Company designs, manufactures, and markets professional turf maintenance equipment and services worldwide. The company has a P/E ratio of 18.7, above the average industrial industry P/E ratio of 17.2 and above the S&P 500 P/E ratio of 17.7.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Toro as a


. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, notable return on equity, good cash flow from operations and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

Toro Ratings Report


See our

dividend calendar


top-yielding stocks list